Consolidated income statement
Annual Report
2019
2019
| CONSOLIDATED INCOME STATEMENT | Note | 2019 | 2018 | |
|---|---|---|---|---|
| Interest income | 6 | 12 760 | 11 594 | |
| Interest income calculated under the effective interest rate method | 11 439 | 11 121 | ||
| interest income on financial instruments measured at amortized cost | 10 071 | 9 986 | ||
| interest income on instruments measured at fair value through OCI | 1 368 | 1 135 | ||
| income similar to interest income on instruments at fair value through profit or loss | 1 321 | 473 | ||
| Interest expenses | 6 | (2 481) | (2 249) | |
| Net interest income/(expense) | 10 279 | 9 345 | ||
| Fee and commission income | 7 | 4 130 | 4 042 | |
| Fee and commission expense | 7 | (1 083) | (1 029) | |
| Net fee and commission income | 3 047 | 3 013 | ||
| Dividend income | 8 | 14 | 12 | |
| Net gain/(loss) in financial instruments measured at fair value through profit or loss | 9 | 175 | 28 | |
| Net foreign exchange gains / (losses) | 10 | 473 | 489 | |
| Gains/(losses) on derecognition of financial instruments not measured at fair value through profit or loss | 11 | 145 | 135 | |
| Net expected credit losses | 12 | (1 147) | (1 373) | |
| Impairment of non-financial assets | 13 | (114) | (78) | |
| Cost of the legal risk of mortgage loans in convertible currencies | 61 | (451) | – | |
| Other operating income | 14 | 905 | 630 | |
| Other operating expenses | 14 | (368) | (313) | |
| Net other operating income and expense | 537 | 317 | ||
| Administrative expenses | 15 | (5 611) | (5 322) | |
| Net regulatory charges | 16 | (537) | (575) | |
| Tax on certain financial institutions | 17 | (1 022) | (950) | |
| Operating profit | |
5 788 | 5 041 | |
| Share in profits and losses of associates and joint ventures | 39 | 31 | 37 | |
| Profit before tax | |
5 819 | 5 078 | |
| Income tax expense | 18 | (1 787) | (1 336) | |
| Net profit (including non-controlling shareholders) | 4 032 | 3 742 | ||
| Profit (loss) attributable to non-controlling shareholders | 1 | 1 | ||
| Net profit attributable to equity holders of the parent company | 4 031 | 3 741 | ||
| Earnings per share | ||||
| – basic earnings per share for the period (PLN) | 3.22 | 2.99 | ||
| – diluted earnings per share for the period (PLN) | 3.22 | 2.99 | ||
| Weighted average number of ordinary shares during the period (in million) | 1 250 | 1 250 | ||
| Weighted average diluted number of ordinary shares during the period (in million) | 1 250 | 1 250 | ||